Ivy, Irvine's Newest Neighborhood, Opens at Woodbury East this Weekend

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The Villages of Irvine's new neighborhood, Ivy, gives first-time homebuyers the opportunity to take advantage of market condition and location.

Ivy by William Lyon Homes

A new-home purchase in the Villages of Irvine is attached to incredible lifestyle benefits unique to Irvine residents, including access to the best schools in the County, a safe living environment, outstanding recreational amenities, close proximity to major business and employment centers, shopping, dining, entertainment, and more

This weekend marks the opening of Ivy, Woodbury East's newest neighborhood at the Villages of Irvine. Located off the I-5 Freeway and bordered by Sand Canyon and Trabuco roads in the City of Irvine, Ivy by William Lyon Homes, features three different two-story floorplans ranging in size from approximately 1,180 to 1,500 square feet with anticipated pricing in the mid-$300,000s.

"The current market conditions are boding well for many first-time homebuyers," said Mark Boud, principal and founder of Irvine, California-headquartered Real Estate Economics, a national real estate consulting firm. "We're observing something like a 'perfect storm' in terms of housing values and purchase opportunities. Due to both historically low prices and low mortgage rates, our measure of affordability has never been this strong in Orange County. We don't think this window stays open very long."

The Village of Woodbury East continues the tradition of multiple community and neighborhood parks, well-planned residential developments and top-ranked, award-winning schools. Amenities include garden parks, a half-court basketball, a tot lot, barbeque and picnic areas and more. Residents will also be able to enjoy The Palm Club which will feature a fitness center, Junior Olympic pool, spa and sports courts. Woodbury East residents have access to nearby walking, hiking and bicycling trails which link Woodbury East to parks, shopping and entertainment destinations and the Woodbury Town Center, a shopping plaza that includes gyms, retailers and restaurants.

"A new-home purchase in the Villages of Irvine is attached to incredible lifestyle benefits unique to Irvine residents, including access to the best schools in the County, a safe living environment, outstanding recreational amenities, close proximity to major business and employment centers, shopping, dining, entertainment, and more," added Boud. "It's the complete package of accessible services, amenities, and other essential benefits that make the Villages of Irvine among the best places to live and raise a family."

Woodbury East demonstrates Irvine's long standing commitment to building green and is another example of environmentally responsible planning. The City of Irvine's Green Building Program guidelines are designed to protect the natural environment by encouraging water and energy conservation, waste reduction, recycling and better air quality.

Additionally, the City of Irvine has been recognized by the FBI as the safest big city in America for the past five consecutive years and ranked fourth in Money Magazine's 2008 annual list of the "Best Places to Live."

Prospective and first-time homebuyers interested in Ivy at Woodbury East can receive additional information about buying a home, daily interest rates, different loan programs, calculating mortgage vs. rent payments and more at http://www.villagesofirvine.com/Buying-Your-Home/.

For more information please go to http://www.villagesofirvine.com/ or contact a Villages of Irvine New Home Consultant at (888) 820-0721.

About Irvine Company
Irvine Company is a privately held, 140-year-old real estate planning, development and investment company best known for the master planned community designs of the Villages of Irvine, the balanced, sustainable communities it has planned and created in Orange County, CA.

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John Christensen
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